onward digital ltd
onward digital ltd Company Information
Company Number
11073718
Website
-Registered Address
unit 3, steadings business centre, gloucester, GL2 8EY
Industry
Specialised design activities
Telephone
01452247427
Next Accounts Due
August 2025
Group Structure
View All
Shareholders
ian hooper 65%
samuel appentsen 25%
View Allonward digital ltd Estimated Valuation
Pomanda estimates the enterprise value of ONWARD DIGITAL LTD at £74.8k based on a Turnover of £199.5k and 0.37x industry multiple (adjusted for size and gross margin).
onward digital ltd Estimated Valuation
Pomanda estimates the enterprise value of ONWARD DIGITAL LTD at £0 based on an EBITDA of £-8.9k and a 2.93x industry multiple (adjusted for size and gross margin).
onward digital ltd Estimated Valuation
Pomanda estimates the enterprise value of ONWARD DIGITAL LTD at £129.6k based on Net Assets of £52.2k and 2.48x industry multiple (adjusted for liquidity).
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Onward Digital Ltd Overview
Onward Digital Ltd is a live company located in gloucester, GL2 8EY with a Companies House number of 11073718. It operates in the specialised design activities sector, SIC Code 74100. Founded in November 2017, it's largest shareholder is ian hooper with a 65% stake. Onward Digital Ltd is a young, micro sized company, Pomanda has estimated its turnover at £199.5k with rapid growth in recent years.
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Onward Digital Ltd Health Check
Pomanda's financial health check has awarded Onward Digital Ltd a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 4 areas for improvement. Company Health Check FAQs
2 Strong
4 Regular
4 Weak
Size
annual sales of £199.5k, make it in line with the average company (£193.5k)
- Onward Digital Ltd
£193.5k - Industry AVG
Growth
3 year (CAGR) sales growth of 36%, show it is growing at a faster rate (8.9%)
- Onward Digital Ltd
8.9% - Industry AVG
Production
with a gross margin of 27.8%, this company has a higher cost of product (48.7%)
- Onward Digital Ltd
48.7% - Industry AVG
Profitability
an operating margin of -4.5% make it less profitable than the average company (9%)
- Onward Digital Ltd
9% - Industry AVG
Employees
with 2 employees, this is similar to the industry average (2)
2 - Onward Digital Ltd
2 - Industry AVG
Pay Structure
on an average salary of £31.2k, the company has an equivalent pay structure (£31.2k)
- Onward Digital Ltd
£31.2k - Industry AVG
Efficiency
resulting in sales per employee of £99.7k, this is equally as efficient (£105k)
- Onward Digital Ltd
£105k - Industry AVG
Debtor Days
it gets paid by customers after 162 days, this is later than average (68 days)
- Onward Digital Ltd
68 days - Industry AVG
Creditor Days
its suppliers are paid after 116 days, this is slower than average (38 days)
- Onward Digital Ltd
38 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Onward Digital Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Onward Digital Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 60.6%, this is a higher level of debt than the average (53.3%)
60.6% - Onward Digital Ltd
53.3% - Industry AVG
ONWARD DIGITAL LTD financials
Onward Digital Ltd's latest turnover from November 2023 is estimated at £199.5 thousand and the company has net assets of £52.2 thousand. According to their latest financial statements, Onward Digital Ltd has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Nov 2023 | Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | Nov 2018 | |
|---|---|---|---|---|---|---|
| Turnover | ||||||
| Other Income Or Grants | ||||||
| Cost Of Sales | ||||||
| Gross Profit | ||||||
| Admin Expenses | ||||||
| Operating Profit | ||||||
| Interest Payable | ||||||
| Interest Receivable | ||||||
| Pre-Tax Profit | ||||||
| Tax | ||||||
| Profit After Tax | ||||||
| Dividends Paid | ||||||
| Retained Profit | ||||||
| Employee Costs | ||||||
| Number Of Employees | 2 | 2 | 2 | 2 | 1 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Nov 2023 | Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | Nov 2018 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 43,611 | 45,872 | 54,545 | 13,649 | 13,599 | 5,739 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 43,611 | 45,872 | 54,545 | 13,649 | 13,599 | 5,739 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 88,880 | 93,134 | 80,428 | 30,502 | 10,823 | 2,140 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 140 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 1,948 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 88,880 | 93,134 | 80,428 | 30,642 | 10,823 | 4,088 |
| total assets | 132,491 | 139,006 | 134,973 | 44,291 | 24,422 | 9,827 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 46,087 | 34,120 | 33,622 | 12,892 | 7,118 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 3,368 |
| total current liabilities | 46,087 | 34,120 | 33,622 | 12,892 | 7,118 | 3,368 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 144 | 144 | 0 | 0 | 0 |
| other liabilities | 34,246 | 43,692 | 52,750 | 20,000 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 1,090 |
| total long term liabilities | 34,246 | 43,836 | 52,894 | 20,000 | 0 | 1,090 |
| total liabilities | 80,333 | 77,956 | 86,516 | 32,892 | 7,118 | 4,458 |
| net assets | 52,158 | 61,050 | 48,457 | 11,399 | 17,304 | 5,369 |
| total shareholders funds | 52,158 | 61,050 | 48,457 | 11,399 | 17,304 | 5,369 |
| Nov 2023 | Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | Nov 2018 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | ||||||
| Depreciation | 260 | |||||
| Amortisation | 260 | |||||
| Tax | ||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -4,254 | 12,706 | 49,786 | 19,819 | 8,683 | 2,140 |
| Creditors | 11,967 | 498 | 20,730 | 5,774 | 7,118 | 0 |
| Accruals and Deferred Income | -144 | 0 | 144 | 0 | -3,368 | 3,368 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | -1,090 | 1,090 |
| Cash flow from operations | ||||||
| Investing Activities | ||||||
| capital expenditure | ||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||
| Financing Activities | ||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | -9,446 | -9,058 | 32,750 | 20,000 | 0 | 0 |
| share issue | ||||||
| interest | ||||||
| cash flow from financing | ||||||
| cash and cash equivalents | ||||||
| cash | 0 | 0 | 0 | 0 | -1,948 | 1,948 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | -1,948 | 1,948 |
onward digital ltd Credit Report and Business Information
Onward Digital Ltd Competitor Analysis
Perform a competitor analysis for onward digital ltd by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in GL2 area or any other competitors across 12 key performance metrics.
onward digital ltd Ownership
ONWARD DIGITAL LTD group structure
Onward Digital Ltd has no subsidiary companies.
Ultimate parent company
ONWARD DIGITAL LTD
11073718
onward digital ltd directors
Onward Digital Ltd currently has 3 directors. The longest serving directors include Mr Ian Hooper (Nov 2017) and Mrs Anna Hooper (Apr 2018).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Ian Hooper | United Kingdom | 39 years | Nov 2017 | - | Director |
| Mrs Anna Hooper | United Kingdom | 38 years | Apr 2018 | - | Director |
| Mr Samuel Appentsen | United Kingdom | 27 years | Aug 2024 | - | Director |
P&L
November 2023turnover
199.5k
-5%
operating profit
-8.9k
0%
gross margin
27.8%
-7.49%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
November 2023net assets
52.2k
-0.15%
total assets
132.5k
-0.05%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
onward digital ltd company details
company number
11073718
Type
Private limited with Share Capital
industry
74100 - Specialised design activities
incorporation date
November 2017
age
7
incorporated
UK
accounts
Micro-Entity Accounts
ultimate parent company
previous names
nous digital ltd (June 2024)
last accounts submitted
November 2023
address
unit 3, steadings business centre, gloucester, GL2 8EY
accountant
-
auditor
-
onward digital ltd Charges & Mortgages
A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.
We did not find charges/mortgages relating to onward digital ltd.
onward digital ltd Companies House Filings - See Documents
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